New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-08-15
THE PETROLEU4 AlRKEE

NEWS PROM THE FIELD AND RANGE OF PRICES.
Crude oil la. returned kites than had gen
ersv been expected Yet there striking change in tho
general Of tho situation The improvement seems 10
have resulted more revival Of confidence among tho
producing than from specific occurrence on
tho part persons there Is theory that the vest
is simply attempting speculative turn in anticipation OF
bush by the producers at their proposed meet
ing on September There Indications however that
inc has more substantial b,sis than hs ,hsoy
dusnsI apsrs tie West decidedly mor, hopeful "
i oss !" te IN ' tho be- ssi Place conceded
With t The rSHn.y Tanis product any point near
ruihg prices III" eNerons made TO lntionuee h 'ns
OF outlet Tor the toG&s arsaiy piled -Doys
a." 10 eI s Srsmisc in he W4sa ion district
Bat the neli presents with more Mckeown sur
Pse' the wells w do inie more ssG , Is. ,sS pro-
week. July % The gauge Of Washington wa. .o' oar
toe ~ barrels Last week ne gauge ~-s $50
p.r VOL having fallen iro - a. bai rs Last snr
Gay inc ysd rose 70 10 S-Ts o r s s oey little
over IS barres The pine line runs mi, mouth SHOW
uon represented By the teveres i, averaging lSG1Q
movement to cartaii The pro action may 10 attempted
svdsEt that The prodnecr- have at last we ow %,
ts WI keep sn ne ,HSPy SS & -s dss eaa
asN vim ne in,oaaia'y enTainent eau.'d r., os
facts an condirohs which have r.csstyc FL at
inoD have apparently been APPRECIATED ny the producing
they have agreed to sHh.nes T. Finally y 3. t. be
below the averale cost Of prOiucngiL
Tho pipe iue hsne, Tor The nrs! eleven daIs o. AuE1st
avsrsrs wero. % 1913 barrels. agal.s so 5's 9sr
The daily sysiase dsliverio. Ia been 50 5se oarr.:
1853 INC oacsi nsure. ron Auzusl IL charters 70
tho .2thl inclusive we're a. iolo"si 49,.
RIM. Deliveries. Delseries Charter.
1Gal S:r p.4 day ' 5d 1870 Ssj $3.50 so7
The crudo oil market last wees was f-iriy active
b, displaying aggressive strength. Each day, Of
lines over The pr.codn. ay. Trader. waited IN vain ora
Tsa' uon there WIRE %H1 Tty T Tnsi
balls caused ths covering OF AMY short eon
eas ror large Western producers. ms Is significant be-
.oap OF cents 9efs IA, scion or never Seeh am
npw-d c-ispaisa o. mss hs'pIS ntec,tn in the
trade tins tho active seA."n for the sae Of rehns OIL
long az ds.t not stimulate cScsssive rng and wd
as f.sior ia tie prtsest speculation Of
lie recent ''rsy ssd Ia JAe wi ctLw Iuoo
deemed probable. thsre - decidedly better Sae@s 'or
trader, s await natural reatoo but the market closed
he TAass OF Hi!e,' 1s9 .e St and !" ,,n
E1chAH q Tor the last three weeks were Is iohows
week ,ndcd- July 80. Ang6 Aug IS.
H 2IS,..i SIS Ss9 So.
low est................ - 66l, o5s
s.1:s oi5ooo Gee5Goo s2s4Goo
The refined market moderately active and decidedly
ended higher cents psr gallon Aoei lest
al New ork Philadelphia and Baltimore
oil CITY. Pcnn. Aug. IS -cruIs Od--N1.oaA rTIa.I6
Candidates opensI 1t 81 and closed at Glib hghoI prc,
g.. lowest prize. 81 Sales, lO20OOD barrels chartrs
60O-a barrel. ce4rsncss 2n76OOO barrels, Shipments
90 4US barrels: runs. 5s373 barrels
PrrrsnuRG Pssn. Aug lS-Cruis oil -Nation. Tean sit
opened at 6i and closed at Gl highest price,
62~; lowest prcs. u.
BRADFORD Penn. Aug. i3.-truie Oi-NItiDnN Transit
Certificates orenei al closed at 81 highest pri5s
o. Lowest price co., Clearances, SSG.OOJ barrels
TrusyiLE Pens. Aug. II. Crude Ol-NatiO1ll Transit
Certificates opened at 81 and closed at 81 highest price,
62As, lowest price. coz